Commercial Real Estate Financial Models

Institutional-grade financial models for commercial real estate, free to download. Each one is a working Excel file with live formulas, not a locked demo. Enter your name and email and the file is yours.

4-Tier IRR GP Catch-Up Waterfall model screenshot

4-Tier IRR GP Catch-Up Waterfall

Four-tier IRR waterfall with a full GP catch-up tier, from return of capital through promote.

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4-Tier IRR Pari Passu Waterfall model screenshot

4-Tier IRR Pari Passu Waterfall

Four-tier IRR waterfall with pari passu distributions and no GP catch-up tier.

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5-Tier IRR-EM Hybrid Waterfall model screenshot

5-Tier IRR-EM Hybrid Waterfall

Five tiers gated on both IRR hurdles and equity multiple thresholds.

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Multifamily Acquisition Screener model screenshot

Multifamily Acquisition Screener

Screens a multifamily acquisition from the T12 and unit mix through financing, a two-tier waterfall and returns by party.

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